The Unfair Trade - How Our Broken Global Financial System Destroys the Middle Class-logo

The Unfair Trade - How Our Broken Global Financial System Destroys the Middle Class

Michael J. Casey

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Description:

A wake-up call for middle class Americans who feel trapped in a post-crisis economic slump, The Unfair Trade is a riveting exposé of the vast global financial system whose flaws are the source of our economic malaise. Our livelihoods are now, more than ever, beholden to the workings of its imbalances and inequities. The trillions of dollars that make up the flow of international finance-money that is often steered away from the people who deserve it the most-have not just undermined the lives of working and middle class Americans. It is a world-wide phenomenon that is changing the culture of Argentina; destroying the factory system in Northern Mexico, enabling drug cartels to recruit thousands of young men into their gangs; that has taken down the economies of Iceland, Ireland, Spain, Greece, and possibly Italy; and is driving American companies such as a 60-year-old family owned manufacturer of printed circuit boards to shutter all but one of its factories. Veteran journalist Michael J. Casey has traveled the world-from China to Iceland, Spain to Argentina, Indonesia to Australia-recounting extraordinary stories about ordinary people from one continent to another whose lives are inextricably linked. By tracing the flow of money and goods across the world, he illustrates how an American homeowner's life is shaped by the same economic and social policies that determine those of a low wage migrant worker on an assembly line in China. This combination of financial acumen, narrative-driven reporting, and compelling story-telling gives The Unfair Trade a unique human angle. Casey shows that our economic problems are largely caused by political agendas that prevent the free market from encouraging fair competition and impeding the allocation of resources. Until governments work together to make this global system more efficient-until China removes incentives for its citizens to save excessively, for example, or the U.S. ends the de facto subsidies enjoyed by politically powerful banks-the global playing field

Language:

English

Narrators:

Lloyd James

Length:

14h 43m


Chapters

Free Sample

05:00

Chapter 1
Chapter 1

33:17


Chapter 2
Chapter 2

34:02


Chapter 3
Chapter 3

38:45


Chapter 4
Chapter 4

38:52


Chapter 5
Chapter 5

43:10


Chapter 6
Chapter 6

43:44


Chapter 7
Chapter 7

41:39


Chapter 8
Chapter 8

41:05


Chapter 9
Chapter 9

37:01


Chapter 10
Chapter 10

38:22


Chapter 11
Chapter 11

30:09


Chapter 12
Chapter 12

30:30


Chapter 13
Chapter 13

50:44


Chapter 14
Chapter 14

50:33


Chapter 15
Chapter 15

45:18


Chapter 16
Chapter 16

46:26


Chapter 17
Chapter 17

52:03


Chapter 18
Chapter 18

52:17


Chapter 19
Chapter 19

33:47


Chapter 20
Chapter 20

32:40


Chapter 21
Chapter 21

34:43


Chapter 22
Chapter 22

34:27